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The Nexus
BUSINESSAug 1 · 11:00 UTCMARKETWATCHChristine Idzelis

The equal-weighted S&P 500 just smoked the Nasdaq-100 in July — outperforming amid the violent chip-stock unwind

The equal-weighted S&P 500 outperformed the Nasdaq-100 in July amid a significant decline in chip stocks. Tech stocks, particularly those tied to AI, faced volatility as the chip-stock unwind intensified.

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